The Rednaxela

New
1 Rednaxela Terrace, Mid-levels West, Hong Kong
HKD $ 14.5MSA 691 SF | 3BD | 2BA
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For Sale (HKD $)
14.5M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
28
Gross Area (SF)
934
$15,525/SF
Saleable Area (SF)
691
$20,984/SF
Efficiency(%)
74%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
46 s.f.
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Layout / Parking Space

Bedroom
3 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Kitchen
Open

Management / Government Fee

Management Fee
$2590.00
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Views of the surrounding low rises in the quaint Prince's Terrace neighbourhood.
  • One block from the Mid-levels Escalator for easy access to Soho and grocery stores.
Internal Condition
  • Nicely renovated apartment with open kitchen expanding the living and dining room space.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • All bedrooms come with large bay windows is nice for display of personal items.
  • Master bedroom can accommodate a queen-size bed and wardrobe.
  • Second and third bedrooms can be used for guest or as a study.
  • Fully equipped open kitchen includes a western oven, dishwasher, washer, fridge, and gas hob.
  • Light marble fittings with bathtub in both the master and guest bathrooms.
External Area
  • Building includes an outdoor pool and squash court.

Building

High-rise Apartment, Year built 1998 ( Building age 28 )

TV & Air con
  • Cable TV
Clubhouse Facilities
  • Gym
  • Outdoor Swimming Pool
  • Sauna
  • Squash Court
  • Table Tennis
Transportation
  • Bus
  • Close to Escalator
  • Mini-bus
Shopping
  • Convenient Store
  • Grocery Store
  • Laundry

Mortgage Calculator

Monthly Repayment
$50,814
Minimum Household Income
$101,628
Mortgage Plan
Expenses
Stamp Duty [1]
543,750
Agent Commission [2]
145,000
Sub Total
688,750
Deposit
Initial Deposit (5%) [3]
725,000
S & P Agreement (5%) [3]
725,000
Further Down Payment
2,900,000
Sub Total
4,350,000
Total Cash Outlay
5,038,750

Financing
10,150,000
Total Interest Payable
5,094,200
Total Repayment
15,244,200
Monthly Repayment
50,814

[1] Exact Stamp Duty to be determined by Government
[2] Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
[3] Normally 5% of the purchase price (Exact % to be negotiated between buyer and seller)
The calculated values are based on assumptions and provide an approximate result for your reference only.

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